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The price of West Texas intermediate oil (WTI) closed yesterday at $ 47.05 per barrel, affected by new data indicating an increase in the storage of crude oil in the United States. Oil had a minimal drop in yesterday´s session to $ 46.86. In the end it recorded a decline of $...

lOil prices in New York again fell hard on Friday December 12, to a minimum of five and a half years after a cut demand forecasts by the International Energy Agency (IEA). A barrel of “light sweet crude” (WTI, the benchmark crude for Ecuador) for January delivery fell...